A renowned financial consultancy serving the Northbrook, IL, area announces an expansion of its wealth management team to better serve clients looking to employ a smart estate planning strategy.
Following the latest announcement, Goldstone Financial Group offers Northbrook residents its expertise in the protection of assets, ensuring that its growing clientele can leave a robust financial legacy for their loved ones. The consultancy’s wealth management strategies for estate planning include a variety of tax minimization approaches to deliver greater value for one’s dependents.
More details can be found at https://goldstonefinancialgroup.com
The announcement underlines Goldstone Financial Group’s commitment to serving the needs of the retired population in the Northbrook area. Its expert team of financial consultants offers clients guidance on every aspect of leaving an impactful legacy for family and friends. The consultancy, in particular, helps to simplify the complexities – both legal and financial – relating to estate planning.
According to data from Caring.com’s 2023 Wills Survey, only one-third of Americans have an active estate plan in place. A notable 43% of respondents reported procrastination as the biggest reason they have not written a will, with 33% citing a lack of sufficient assets as a deciding factor in neglecting to organize a legacy package for their loved ones.
Goldstone Financial Group recommends an estate plan for everyone, regardless of income level. With adequate planning, future family conflicts can be avoided and an estate can be protected from legal claims and creditors.
The consultancy can assist with setting up a limited liability company (LLC), family limited partnerships (FLP), and setting up trusts to apportion an inheritance to beneficiaries. These structures can ensure that inherited retirement accounts (IRA) are passed on according to a client’s wishes.
Other facets of Goldstone’s wealth management strategies for estate planning include allowances for incapacity in one’s later years. A living will and trust ensures that wishes are fulfilled should one become unable to make decisions due to a degenerative mental or physical condition.
Goldstone Financial Group has been providing financial guidance and estate planning for retirees since its inception in 2008. The team is led by CEO and founder Anthony Pellegrino.
A spokesperson says, “Help protect your assets and legacy for your loved ones while controlling the way in which your money is passed down. Our process includes strategies that help reduce or eliminate taxes.”
Additional details can be found at https://goldstonefinancialgroup.com/contact-us/